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Author:Sanders, W. G.
Carpenter, M. A.
Title:Internationalization and firm governance: the roles of CEO compensation, top team composition, and board structure.
Journal:Academy of Management Journal
1998 : APR, VOL. 41:2, p. 158-178
Index terms:EXECUTIVES
BOARD OF DIRECTORS
REGRESSION ANALYSIS
INTERNATIONALIZATION
Language:eng
Abstract:Using the complementary lenses of information-processing and agency theories, the authors test the proposition that the complexity resulting from a firm's degree of internationalization will be accommodated by its governance structure. Results from a sampleof large US firms support this perspective, suggesting that firms manage and cope with the information-processing demands and agency issues arising from internationalization through higher, long-term CEO pay, large top management teams, and the separation of chairperson and CEO positions.
SCIMA record nr: 175333
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